April 18 (Reuters) - Australian oil and gas producer Santos (STO) said on Thursday its first-quarter revenue fell about 14%, hurt by lower production and a decline in liquefied natural gas volumes in recent months.
The country's No. 2 independent gas producer said its sales revenue was $1.40 billion for the three months ended March 31, 2024, down from $1.63 billion a year ago. According to Citi, the Visible Alpha consensus estimate was $1.37 billion.
News: STO Australia's Santos' first-quarter revenue falls 14%
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